Forecast: Income growth in Alabama to exceed national average

A survey suggests Alabama will see above-average income growth over the next five years.

Alabama will see an average annual personal income growth rate of 4.99 percent through 2016, 17th highest among states, according to an analysis released today by economic forecasting firm IHS Global Insight.

The forecast, released without comment or further analysis, predicts Texas will see the highest average annual rate of growth in personal income among states, at 5.96 percent. North Dakota was lowest, at 4.18 percent.

The median forecast growth rate among states was 4.82 percent.

The District of Columbia had the highest forecast annual growth rate overall, at 6.28 percent.